Expressing gratitude on getting the award Mr Pankaj Satija, General Manager, (OMQ) Division, Tata Steel said: "We are pleased to be recognized with the Most Innovative Environmental Project Award. As we advance towards scientific and efficient mining practices for a sustainable future, such recognition is very encouraging. Tata Steel is always committed towards adopting the best practices in mining that ensures minimal impact on the environment and the community. Aligning with the modern trends of environmental innovation brings us one step closer to a better tomorrow."

The case study presented before the jury included Re-afforestation at Hill No. 1 & 2, 3 MW Solar Power Plant, Rain Water Harvesting & Niche Nesting. A total of 80 companies from different sectors participated in the GreenCO Summit 2107.

CII in its endeavor to recognize, encourage and support the efforts of Indian industry in conservation of natural resources and pollution prevention, awards the units, who make significant and measurable contribution towards development or use of cleaner technologies, processes or practices for environmental protection every year. The objective of the award is to inculcate sharing of information on benefits amongst industry to implement best environmental practices and instill a sense of competition to motivate other industries to implement more innovative projects.

About Tata Steel

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2017. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $18.12 billion (INR 117,420 crore) in FY17. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Having bagged the Deming Application Prize and Deming Grand Prize for continuous improvement in 2008 and 2012 respectively, Tata Steel has now been recognised as the global ‘Industry Leader' in ‘Steel category' by Dow Jones Sustainability Index (2015). Besides being a member of the World Steel Climate Action Programme, Tata Steel has also been felicitated with several awards including the Prime Minister's Trophy for the best performing integrated steel plant for 2013-14 (received in 2017), Best Risk Management by CNBC TV18 (2016), ‘Best-in-class Manufacturing' award from TIME India (2016) and the ‘Most Ethical Company' award from the Ethisphere Institute (2016), IIM Sustainability Award (2015), among several others.

Disclaimer

Statements in this press release describing the Company's performance may be "forward looking statements" within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.